Turkey is preparing to sign a liquefied natural gas supply agreement with France’s TotalEnergies SE as soon as next week, according to an official.
The 10-year-deal with state-run importer Botas is expected to be finalized during Turkish Energy Minister Alparslan Bayraktar’s visit to the US to speak at the Gastech conference, which runs from Sept. 17-20, the person said.
An LNG pact with Total would be Botas’s third this year, as Turkey seeks to diversify its sources of supply and become a hub for natural gas. Last week it signed a 10-year supply deal with Shell Plc starting in 2027. In April it signed another 10-year agreement with Oman.